107 President Ave, Caringbah is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1965. The property has a land size of 1311m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Ray White Commercial (SC) is pleased to present to market this boutique DA approved townhouse development opportunity in Caringbah, in the heart of Sydney's Sutherland Shire. This development opportunity will be offered for sale via Auction on Friday, 23rd June 2023.
Benefiting from a land area of 1,309sqm*, this opportunity has approval for 5 oversized dwellings, with optimum configurations to ensure the finished product will appeal to a diverse range of both owner occupiers and investors.
The development site is situated at the boundary of two most sought after suburbs in southern Sydney, Caringbah and Miranda, where future residents will have convenient access to Cronulla beach and Miranda shopping centre.
Additional highlights of the asset include:
DA approved for 5 oversized dwellings
Site area - 1,309sqm*
Total GFA - 706.5 sqm*
Walking distance to Caringbah Station and Caringbah town centre
Zoning - R2 Low Density Residential
900m* to Caringbah Train Station
900m* to Miranda centre
1.1km* to Miranda Shopping Centre
4km* to Cronulla Beach
20km* to Sydney CBD
The property will be offered for sale via Auction on Friday, 23rd June 2023 at 10:30am (AEST). The Auction will be held at Ray White Corporate Office, Level 7, 44 Martin Place, Sydney.
For further information, please contact the exclusive selling agents below.
* Approximately
The size of Caringbah is approximately 5 square kilometres. It has 18 parks covering nearly 4% of total area. The population of Caringbah in 2011 was 10,955 people. By 2016 the population was 11,673 showing a population growth of 6.6% in the area during that time. The predominant age group in Caringbah is 30-39 years. Households in Caringbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caringbah work in a professional occupation. In 2011, 62.4% of the homes in Caringbah were owner-occupied compared with 59.9% in 2016.
Caringbah has 8,379 properties. Over the last 5 years, Houses in Caringbah have seen a 48.88% increase in median value, while Units have seen a 26.82% increase. As at 31 October 2024:
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